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ABS-CBN Holdings (ABS-CBN Holdings) Receivables Turnover : 0.31 (As of Mar. 2024)


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What is ABS-CBN Holdings Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. ABS-CBN Holdings's Revenue for the three months ended in Mar. 2024 was $0.01 Mil. ABS-CBN Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was $0.02 Mil. Hence, ABS-CBN Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 0.31.


ABS-CBN Holdings Receivables Turnover Historical Data

The historical data trend for ABS-CBN Holdings's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ABS-CBN Holdings Receivables Turnover Chart

ABS-CBN Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.19 3.18 2.92 13.94

ABS-CBN Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.75 1.69 11.00 0.31

Competitive Comparison of ABS-CBN Holdings's Receivables Turnover

For the Capital Markets subindustry, ABS-CBN Holdings's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ABS-CBN Holdings's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ABS-CBN Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ABS-CBN Holdings's Receivables Turnover falls into.



ABS-CBN Holdings Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

ABS-CBN Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=0.223 / ((0.016 + 0.016) / 2 )
=0.223 / 0.016
=13.94

ABS-CBN Holdings's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0.005 / ((0.016 + 0.016) / 2 )
=0.005 / 0.016
=0.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ABS-CBN Holdings  (OTCPK:ABSOF) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


ABS-CBN Holdings Receivables Turnover Related Terms

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ABS-CBN Holdings (ABS-CBN Holdings) Business Description

Traded in Other Exchanges
Address
Sheridan Street corner United Street, 16th Floor, North Tower, Rockwell Business Center, Barangay Highway Hills, Mandaluyong, PHL, 1554
ABS-CBN Holdings Corp is engaged in the business of capital markets. It is involved in investing, purchasing and holding real and personal property including shares of stock, bonds, debentures, notes, and others. The reimbursements from Philippine depository receipt generates maximum revenue for the company. It operates in the Philippines market region.

ABS-CBN Holdings (ABS-CBN Holdings) Headlines

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